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the invasion had been planned and financed by the u.s. even down to the training of the cuban exiles at a military base in guatemala. the united states denied any such involvement in a carefully worded at the same time -- worded statement to the united nations. >> the united states has created no aggression against cuba. >> this was fertile ground for soviet integration. u.s. aerial reconnaissance photos showed approximately 40 soviet offensive nuclear weapons being set up and manned by an estimated 22,000 soviet troops. >> in 1962 there was a missile soviet gap. the soviet union could not afford to build new ones. the solution was to put short range and medium range missiles right in our backyard. the whole world literally was watching to see what president john kennedy would do. >> had kennedy done what the joint chiefs of staff wanted to do which was to invade, that there would have immediately been a nuclear war and it would have started on so called tactical level. at that point in the fall of 1962 them -- then certainly would have spread to all right out nuclear war. >> report
mortgage deals. u.s. attorney general eric holder told reporters yesterday many of the scams involved unnecessary fees and were aimed at innocent homeowners attempting to participate in foreclosure relief programs created by the obama administration. holder says several government agencies coordinated efforts to track down con artists. "over the past 12 months it has enabled the justice department and its partners to file 285 federal criminal indictments and informations against 530 defendants for allegedly victimizing more than 73,000 american homeowners and inflicting loses in excess of one billion dollars." meanwhile, a u.s. attorney in new york has filed a civil lawsuit against wells fargo. the bank is accused of bilking consumers out of millions of dollars in mortgage fraud. wells denies allegations. meetings resume today for 8 u.s. senators aiming to avoid the year-end fiscal cliff. the bipartisan group continues a second day of meetings that will stretch into tomorrow. the goal is for democrats and republicans to reach an agreement on how to avoid the looming spending cuts that
news from the u.s. the nasdaq lost 2 points. much of that had to do with selling in in apple. apple lost nearly 8 dollars. jp morgan-chase is sued for fraud by the new york attorney general for its mortgage-backed securities. american express is paying $112 million to settle allegations that it illegally charged customers with late fees and used other deceptive practices. tails are wagging at petsmart. the company is leaving the nasdaq to join the s&p 500, pushing out sunoco. scott bauer of trading advantage has his eyes on the market for us today. good morning to you scott. > > good morning angie. > > it was a mixed market yesterday, with some mixed data coming in. what do you think was most important to the markets yesterday? > > honestly, we had that ism number that came out near the opening of the market, which, albeit not being a great number, was a better-than- expected number. but i really think the market had been set up for a little bit of a rally based on the news that had come out overnight on sunday night, out of china and out of spain. first off, out of china, their man
:00 and timed the rally to coincide with the 11th anniversary of the start of the u.s. war in afghanistan. around 7:15 the group headed north of west grand avenue and circled back to city hall that is when the violence broke out. two luxury cars were vandalized. protestors are taking their anger out on the wrong people. >> we work hard for our money. >> we are arch people and that is sending the wrong message. >> reporter: the march lasted only for 40 minutes and police say they didn't have time to call in for new chill aid or make any type of arrest. so it will be interesting to see if police will do any follow up work. if they will find anybody on surveillance video to see who did this. and we have no count on the damage toll as far as the monetary loss. we will be finding out from oakland police a little bit later on this morning. live from oakland i'm tara moriarty ktvu channel 2 news. >>> the family of a woman murdered in hercules set up a website pleading for help. susie ko was found dead in her home on saturday night. the family is asking anyone to contact police immediately if the
will be that crazy as to let that the fiscal cliff happen. government will solve this and not force the u.s. into recession." as for the presidential campaigning, for all the talk about healthcare costs and tax cuts, only one in five employers surveyed told careerbuilder that the election's outcome would impact their hiring. the rest said it'd have no effect or weren't sure. but retailers plan to use the holidays as an audition for full-time applicants. john challenger says out of 700,000 holiday hires, 25% will see it lead to a full-time position. on the flip side of all this, layoffs are at their lowest levels in a decade. even cutbacks to government payrolls have slowed to 1/8 of what they were a year ago. also from the labor front this morning, navistar is considering closing some factories to get back on track. according to reports, the financiallly troubled truck and engine maker is also cutting its white collar workforce by 800. meanwhile, google says job cuts in its motorola mobility unit may go beyond u.s. borders. google bought the motorola unit back in may to make cell phones an
the same as yesterday. 60s and 70s. >>> later today congress will exam whether the u.s. ignored warnings of insufficient security at the u.s. consulate in libya. four americans including northern california native ambassador chris stevens was killed during the september 11th attack. security officer team who was pulled weeks before the attack will testify that higher ups at the state department rebuffed his pleas for more security. >>> the man behind the antiislamic film innocence of muslims which sparked violence around the world is expected to appear in a los angeles court today. mark yusuf was convicted in 2010 of bank fraud. prosecutors want his probation revoked. they claim he lied to probation officers and uses aliases. >>> the officer that shot and killed allen blueford will not face any charges. blueford was shot during a police pursuit back in may after investigators say he pointed a gun at the officer. the family and attorney dispute that blueford had a gun. >>> 4:45 is the time. a teenager accused of attempted murder stealing a celebrity chef lamborghini will be back in court
dollars, while oil pumped up more than a dollar. a setback for apple today. a u.s. appeals court overturned a ban on the sale of samsung smartphones running on google's android system. chip-maker a.m.d. cut its forecast, sending shares down more than 5% last night. and it's bye-bye to refillable glass coke bottles. the last one rolled off the production line in minesota. let's get a trader's take on the day. larry shover of sfg alternatives is ready for this friday. good morning to you. > > good morning. > > yesterday, the market had quite a bounce off the jobless claims number, and then it fell apart throughout the session. what was going on there larry? > > i think traders looked through that number and realized it was the lowest in four years, but a lot of it had to do with one state's seasonable adjustment. so, i don't think traders were really bullish on that number, but just waiting to see what happens next month. > > jobs are jobs. let's move on to spain. there's a lot of pain there. that country is still deciding what's going to happen next with its debt crisis. > > right
rallied. i think it's a broader focus. the european tail risk has gone away. u.s. and china numbers aren't great, but they're stabilizing. so i think people are getting their heads around the fact that things have perhaps bottomed out in the market. > > as you mentioned, ibm was a heavy weight on this market yesterday. could that continue on into today? > > it definitely could, and we'll see earnings coming out later. but right now i think the expectations are so low for the market, and i do believe that most people are looking past quarter three and maybe even quarter four, and i think more people are looking toward china and looking toward europe for where the market is going to go next, and not really on earnings per say. > > what about ge though? this sometimes can be a market mover. the earnings are coming up on friday morning. > > ge definitely could be a market mover. but when i consider the fact that yesterday ibm went down 5.5% and the s&p and the dow continued to rally, i don't know how much impact ge could have unless their earnings were so poor and such a game changer. other
. right out of the gate on security, before the killing of the u.s. ambassador to lybia. >> we weren't told they wanted more security. >> reporter: just the day before, state department officials testified that they refused security requests. the white house said that biden may not have been personally briefed. next on iran's nuclear weapons program. four years ago -- >> they had enough nuclear material to make one bomb and now they have enough for five. >> reporter: sources say that current intelligence shows that iran has no bomb-grade uranium and no delivery system on which what some call obamacare requiring free birth control. >> they are infringing upon our first freedom, the freedom of religion by infringing on catholic chirts and churchs and hospitals. >> reporter: the fact is religious employers are exempt but it does apply to, say, hospital that is serve the general public. on president obama's proposed tax increase? >> people making $1 million or more -- . >> reporter: the proposal rolls back bush tax cuts on people making over $100,000 and couples $250,000 a year, and we f
," that iran and the u.s. have agreed in principle to one on one talks about iran's nuclear programs and the white house said late last night they had not agreed to talks but the u.s., the administration, is open to the idea. senator graham, let me start with you. what do you think of one-on-one talks with iran, and what do you make of the timing of this coming out two weeks before the election? >> well, i think the iranians are trying to take advantage of our election cycle, to continue to talk. as we talk with the iranians, whether it is bilaterally or unilateral unilaterally, they continue to enrich and the vice president and the president said we will do nothing without coordinating with israel. so we've talked with them in moscow and talk with them in baghdad and they continue to enrich, enrich, and, i think the time for talking is over. we should be demanding transparency and access to the program and they doubled the centrifuges, so, i think this is a ploy by the iranians and i hope we are talking to the israelis, and, as we continue to talk, they continue to enrich and they a
, looking at the u.s. dollar index or also treasuries. they believe that financials should continue a momentum lower, as we've seen over in european banking shares. > > the vice presidents debate tonight. after the presidential debate we saw a move in healthcare stocks. do you think we'll see that again? > > we're probably going to see a lot of healthcare, a lot of educational stocks also start to move around. there's also a lot of concern about some of the defense sectors, because the romney administration is looking to really boost into that. so you could see a bit of movement in there as well. > > thank you phillip, have a good one. > > thank you. the average price of a gallon of gas nudged lower by a half-cent in california. that may not be much, but after 11 straight days of increases, analysts say it's a start. the spike came when california refineries were winding down production of one blend while a fire and power outages disrupted the supply even more so. as the gasoline supply in california, in which prices jumped to more than $5 a gallon, eased a bit, chevron said its thi
against murray energy sparked a federal elections commission complaint and a call for the u.s. attorney in northern ohio to investigate. these are hardly the only allegations of political pressure employers are applying in the workplace. two weeks ago, employees of koch industries received voter information packets full of company-endorsed republicans warning that "employees and conctractors may suffer the consequences of voting for president obama and other democrats." "realistically, the best they could do is file a complaint with the nlrb under nlra to voice their right as a unified group of employees." labor attorneys say this trend will likely lead to modifications on how the citizens united decision is applied to employees in the workplace. the ruling is only two years old. until then, private sector employees have far fewer protections against management retailitation than their public sector counterparts. as the presidential candidates warm up for tonight's town hall style debate, there is already a clear winner: broadcasters. more than $2.5 billion has been spent on political a
barbs. ís >>> we are learning more today about the deadly attack on the u.s. consulate in libya, the associated press is reporting the cia station chief in libya sent a cable to washington within 24 hours of the attack on the u.s. consulate in benghazi, and said it was carried out by militants. it is unclear whether anyone outside the cia saw the cable. initial media reports connected to the protests across the muslim world because of that anti-islam movie. >>> in lebanon a top official was among people killed when the bomb went off there and injured others there. it is not clear if the violence is tied to the ongoing civil war that is happening in syria. >>> british doctors treating the 14 year old pakistani girl shot by the taliban says she is able to stand with help and to write. doctors say she is communicating freely in writing. she is not speaking yet because she still has a tube in her throat. meantime in pakistan security forces have detained relatives of the man accused in the shooting and hope to force the man to surrenderer by keeping them in custody. >>> president b
. 500 chefs are asking the u.s. government to prevent unapproved fish from making it onto american plates. and the national average on a gallon of unleaded gasoline dipped 14 cents from last week. kevin craney of rjo futures joins us on this monday morning. good morning to you kevin. > > good morning. > > better-than-expected news about the economy came out in that gdp number on friday. will we see follow-through in the market today? > > i think you will see a little bit of follow-through. that number is really a feel- good number. 2% above expectations. but really i do think it's important to dig down into the details of that number - fixed investment and exports actually contracting. so, the question is how long can the consumer continue to spend and the government continue to spend and prop up the economy? so, i think that's something you have to watch. but yes, i do think we'll see a little follow-through today. > > how much of an effect do you think this storm that seems to be brewing out there, wicked whether this week, will affect the market? will it be rattled? > > the mode
on felony kidnapping and child molestation charges related to the september incident in san mateo. >>> u.s. postal police and the marin sheriff department are investigating the flurry of mail thefts. personal checks, credit cards and sensitive financial information may have been taken. the postal service says there's a $10,000 reward for information leading to the arrest and conviction of the mail thief. mail theft is a federal crime it's punishable with up to 10 years in prison. >>> new details on the derailment of an amtrak train. investigators identified the driver of the big rig that the train crashed into. investigators say that they are looking to see if the truck malfunctioned or if medina was impaired. 40 people were hurt in all. the tracks reopened this morning. >>> google subsidiary motorola has quietly dropped lawsuit claims against apple. motorola filed the claim. google and apple are in talks to resolve their long running dispute over smart phone patents. >>> a federal judge today lifted a ban of samsung tablets. the jury there ordered samsung to pay apple more than $1 million
potential for abuse and no accepted medical use. the u.s. court of appeals for columbia will decide the case. >>> time is 6:15 transit officials admit they did not have the proper permit. they admit a person knit for -- permit for soil testing was issued but not for other tests. the rail transit districts acknowledged this and they say stricter rules are in place. >>> cars are polluting the environment even before they hit the streets. the way electric cars makes them twice as harmful to the environment compared to gas powered cars. still electric cars can make sense if the electricity to use them comes from low carbon sources. >>> they are making two busy streets for elevated bike paths. the sap fran coalition said more people -- san francisco coalition said more people would consider biking but if it is approved dozens of parking spaces out there would be lost. >>> let's turn to sal to see if traffic is picking up on this monday. >> maureen and dave, it is getting busier as a matter of fact if you are driving on the bridges here. the traffic is moving along relatively well and i want to lo
cited in 5 death reports by u.s. regulators during the past year. a spokeswoman for monster beverage says "the company has not been notified by the fda about its enegry drinks as a possible factor in the deaths." monster, however, admits to marketwatch.com it is being sued by the parents of a 14-year-old who claim the energy drinks led to caffeine toxicity and eventually the death of their daughter. monster stock fell 14% yesterday. apple is delivering its latest little addition to its tech family today - the new ipad mini, which is smaller and cheaper than its big brother ipad. there's buzz this new gadget might just overtake amazon's kindle in the marketplace when it hits stores next month. but tech analyst rob enderle says "not so fast." "this is really apple trying to wrap its arms around what has become an incredibly hot sector. i see people seeing it as an alternative to the kindle fire, but because the fire is so closely related to reading and amazon is so closely tied to that practice and apple not so much, i'm not convinced yet that it'll be a huge challenger for the kindle
about what's behind being accepted or rejected from a school. plus, oil production is soaring in the u.s. will it have an effect on gas prices? and, is the halloween box office a trick or a treat for movie goers? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's thursday, october 25th. i'm angela miles. in today's first look: apple comes out with earnings after the close. the stock rallied 3 dollars yesterday, but has fallen far from the $705 peak it hit back in september. the federal reserve is sticking to its economic stimulus and will keep interest rates through 2015. the fed says job growth is slow, but housing is rebounding. the fed meets again in december. a very red day, with a selloff in stocks, gold and oil. it's the 5th session in a row oil has declined. a warning from best buy sent shares tumbling 7%. the retailer warned earnings will fall siginigicantly short and a management shake-up is underway. and could it be game on for zynga? shares rallied 15% on word the social gaming company plans a $
nonleafletten injuries. >>> u.s. park police officer shot at a car burglar who tried to run him down in the presidio in san francisco. the officer was patrolling a section of lincoln boulevard when he noticed the suspect breaking into a parked car around 6:30 last night. the unidentified officer tried to stop him but the suspect jumped in his own vehicle and tried to run over him. the officer fired several shots at the suspect. it's unclear if he was wounded. >> the suspect was able to get back to his vehicle and try to run over our officer with that vehicle. we take the safety of our officers and of the visitors very seriously. >> a part of lincoln boulevard was closed for hours overnight as investigators processed the crime scene. san francisco police have joined the national park service in searching for the car burglar. >>> a downtown protest ended with 22 people arrested just before 3:00 yesterday afternoon that group marched down market street when police arrived protestors threw flairs, bags of paint, and rocks at them. one officer was hit in the head but wasn't seriously hurt
. >>> u.s. park police officers shot at a would-be car thief who is accused of trying to run him over. it started at 6:30 saturday night when officers saw the suspect trying to steal a car on lincoln boulevard. investigators say the suspect jumped into a tan buick that was waiting nearby and drove toward the officer. the police are looking for that vehicle. >>> a judge will soon decide whether or not to postpone pg&e pipeline hearings. the ongoing hearings follow the deadly explosion in san bruno two years ago. on friday the california public utilities commission filed a motion to postpone the hearings until next month. jerry hill says he will ask the judge to reject that request. >>> power has been restored to thousands of customers in hayward following a crash that took out a power pole. a driver hit a power pole near cheney lane around 3:00 yesterday morning. at the height of the outage about 5,000 customers were out power. >>> let's see how traffic is looking on the east shore freeway. normally the busiest freeway around the bay area. >> right now it's looking okay. it is getting
on u.s. consulate in libya. as alison burns reports to us this morning from washington, d.c. the information comes hours after a high profile congressional hearing about that tragedy. >>> house investigations committee has called state department officials here today to testify members of congress are demanding to know why there wasn't more security at the u.s. consulate in benghazi. what officials knew about a potential threat and whether the obama administration intentionally tried to mislead the public in believing it was a random attack during a protest. state department officials will reportedly testify today they never believe the attack that killed ambassador chris stevens and three other americans was simply a result of the protest. a republican on the committee went on cnn this morning and blasted the administration for seeming to change its descriptions of what happened. >> now we come out to find those were absolutely not true, they are somewhere between totally false and absolutely not true. >> reporter: as for ambassador stevens security state department offic
shoppers right here in the u.s. why parents of babies and small children, they will be affected the most. >>> and the all night, boom, boom, boom, a mountain of complaining for those who heard and felt it miles away. >> download the ktvu channel 2 morning news app free, you can watch all of our newscasts live on our smart phone so be connected any time anywhere. ♪ [ male announcer ] the first look...is only the beginning. ♪ ♪ introducing a stunning work of technology. ♪ introducing the entirely new lexus es. and the first ever es hybrid. this is the pursuit of perfection. erika derry: and the fact that cacalifornia isn't making it a priority frustrates me. dan hurd: i'm ashamed of that, and i don't want this to continue for my daughter. brenda kealing: prop 38 is going to bring a lot of money to our schools. suzan solomon: the money stays at the school site. cade derry: what i would really like to see is that the teachers... that were laid off come back to the school. navaz hurd: a smaller class size. navaz hurd: as a mom i want that. as a teacher i want that. prop 38 is an oppor
inflation here in the bay area, u.s. bureau of labor statistics went up by 2% in the bay area in the 12 months which ended in august and higher gas prices are a factor. >>> golden state warriors plans on moving out to oakland and san francisco. what it will all mean in terms of the jobs and revenues. >>> plus an underexpected -- unexpected visit at a gym, it was not from a memb . >>> welcome back to the ktvu channel 2 morning news, oh, take a look at that, a deer trying to break his way into a gym, it was all caught on surveillance cameras. he was not able to get inside. she heard a very loud boom and thought some equipment fell over and she said there didn't appear to be any damage and the deer appeared to be fine. >>> this photo may upset you. this dog became an international hero. she lost her snout and upper jaw when she threw herself in front of a motorcycle to protect two young girls. she lost her snout and they are trying to close the wound but they are delaying the procedure because they want to treat a cancerous opportunity her and treat round worms. >> we are trying to make su
is coming to the talks, nuclear talks, with the u.s., which i think also maybe took a little bit of the edge off of crude prices as well. > > the speculators. ...the alleged speculators. let's move on- > > you can't blame it on the speculators. > > it's just a lot of premium. they love the premium, let's put it that way. > > right, right, right. > > let's move on to china. what's an update there? > > i think in china what you saw, many people think we've seen the worst, the bottom trough of economic growth in the q3 gdp which was released earlier in the week - 7.4%. they think that's probably a bottom. as we come into some encouraging signs, they're still expecting some stimulus as far as infrastructure projects, lowering reserve requirements and so forth. they're looking for some sort of intervention. however, i wouldn't get too excited about that part because i think that china is really looking to rebalance that economy in favor of domestic consumption, and exports have become a smaller part of their gdp growth anyway, contrary to popular belief. but i think they don't want to really be d
measures will actually happen. there was some shine to auto sales in september. the big three u.s. automakers - ford, chrysler and gm - reported mixed but mostly upbeat sales in september on tuesday. chrysler was on top with a 12% uptick in september sales. sales came from new models, low interest rates and the improving u.s. economy. the car manufacturer reported sales of 142,000 vehicles, led by the dodge avenger midsize sedan. gm had a 1.5% increase, but truck sales fell 7.6%. ford sales slipped .1%. toyota sales in the u.s. rose over 40%. there's more trouble in the air for american airlines. tuesday, a boeing 777 flying from chicago to london made two emergency landings, one in canada because of a medical emergency and other in ireland because a fan was giving off a smokey odor in the cabin. that's just the latest issue at the airline. american officials acknowledge that 8 of its boeing 757's are under inspection for loose seats. seats came loose on 3 flights in the past few days. the airline says the seat problem has nothing to do with unhappy employees. mark zuckerberg is a
state department officials are testifying before congress today on the attack that killed u.s. ambassador to libya chris stevens and three other americans. republicans criticize the obama administration's handling of the attack and today the republican-led house oversight committee is grilling administration officials about security at the benghazi consulate. it's believed that al qaeda- linked terrorists orchestrated the attack, possibly using a demonstration over a u.s. anti- muslim movie as cover. >>> president obama is also meeting with secretary of state, hillary clinton, this afternoon, after that congressional hearing. mr. obama is back on the job as president after a campaign swing through california and ohio. today, his campaign managers are accusing mitt romney of misleading voters about several issues including abortion. they say he's hiding more conservative views in order to attract voters. tomorrow, the president heads to florida, the largest battleground state. >> we're just gonna get the heck out of the way and let you succeed. [ cheers ] >> mitt romney continu
. he was one of four americans killed during the september 11th attack on the u.s. consulate in benghazi. stevens glue up in the bay area, graduated from piedmont high school. the memorial is scheduled to begin at 4:30 in the city hall rotunda but the setup is already underway. this is from this morning. team coverage is today on account channel 2 news at 5:00. we'll also stream it live on ktvu.com. again the public is invited. >>> meanwhile, secretary of state hillary clinton is taking responsibility for security at the u.s. consulate in benghazi. the obama administration has been criticized for reportedly denying requests for increased security at the consulate prior to the attack. secretary clinton says she has appointed an independent panel to investigate the attack on the conse. >>> san francisco giants heading to the midwest now. bound for st. louis where they will play game three of the national league championship series tomorrow. new at noon, kristen is live at sfo where the giants took off to let us know how they are feeling for the setied one game each. >> reporter
with an opportunity in the u.s. and abroad. >> with the shortage over there, they're going to be looking somewhere to get their wine. hopefully they look over the california. >> reporter: because the champagne district was hit extra hard, california's sparkling wine makers will at last be able to introduce their product to lots of people who would have never tried it before. >> we're going to be able to compete with them a lot better. and, yeah, we're looking forward to that. >> reporter: but it will be a long haul. >> i haven't had a day off in over a month. so we've been really working hard. >> reporter: the sonoma county visitors association says that often equates to more jobs, needed jobs. reporting live, tom vacar, ktvu channel 2 news. >>> more details now. the top three wine destinations are on the west coast. sonoma county tops the list. napa valley comes in second. third place goes to oregon. >>> the department of the interior has announced 27 new national landmarks today, and two of them are right here in the bay area. one is the united states post office and courthouse in san francisco,
have caused the spike. the number of foreclosures in the majority of the u.s. have fallen to levels not seen since 2007. realty trac tells reporters the worst is over for most of nation. however, foreclosures remain highest in sections of california, illinois, and florida. execs at top companies want a debt deal from congress to fix the nation's deficit. according to the wall street journal, an open letter to congress asks for members to use a mix of spending cuts and tax-revenue increases. the letter was signed by 87 heavy hitters including goldman sachs' lloyd blankfein, and j-p morgan's jamie dimon. it asks to follow the 2010 deficit reduction plan. the statement does not endorse a presidential candidate's economic plan. ford is having more car trouble overseas. due to stalling sales--the u.s. automaker now plans to close 2 plants in england, on top of the belgium plant closure announced earlier. cutting a total of fs 57-hundred jobs. ford anticipates european losses will exceed $1.5 billion this year. and next. next week gm is expected to detail the re-structuring of its
blocked on west 80. 7:42. let's go back to the desk. >>> thank you, sal. u.s. stocks are down after the concerns for highlight for corporate profits and slower growth in anshaw -- asia could drag dune the u.s. economy. >>> walmart and american express are teaming up for a card for shoppers. the blue beard card is designed to be an alternative to checking accounts. walmart says there will be cash cash there will be no -- there will be no monthly minimum fees. >>> general motors is hiring. gm says it will hire as many as 1500 workers to staff a new computer technology center in warren, michigan. the center is one of four gm plants to open in the u.s. the automaker says it could hire as many as 10,000 technology employees in the next three to five years. there are conflicting reports this morning on a work stoppage at the chinese factory that makes apple's icons. there was disputes between workers group and managers. work did stop on friday and production was paralyzed. both sides agree workers are on the job today. >>> red bull is about to offer something it's never tried before. it w
214 people have become sick. hundreds are honoring the life of u.s. ambassador chris steve develops. family -- stevens. family members and other dignitaries paid tribute to him. he died on september 11thth on the terror attack. they have apologized for the attack and credit the steve develops between building bridge between them and the u.s. >> his name will never be for gotten. >> he was the epitomy of that saying, it is amazing how much can be accomplished when nobody gets the credit. he had so many professional achievements. >> tom pickerring is leading the 6:00 into the benghazi attack which killed three other americans. >>> two of them promised to deliver to california schools. proposition 38 raises income tax for about 4 years. governor brown raises sales tax for four years on those making more than $250,000. prop 30 would rent rate -- generate almost 10 billion a year. >> that is enough to restore all the cuts and bring us back to a well rounded education where kids have art and physical education... >> they say it will create a $6 billion budget hole, making the problem wors
, across the street from the u.s. capitol. the white truck that's about to drive by. >> traffic is light. all of that said, the u.s. government is poised to reopen tomorrow. >>> picking up lint and debris. cameras were found down the washington monument. 36 hours after the first raindrops fell, the major roads are passible again. and some flights have resumed in washington's reagan airport. >> other than being cupid up and being caught up in the hysteria, other than that, i lucked into the flight. >> subways reopened an hour ago. after being trapped indoors, people are back in the sidewalk. >> it's not pouring. >> so many headaches remain, trees toppled houses. 22 in one virginia city. more than a quarter are without power still. there is a mess in the street and still on the national mall. >> we didn't lose any trees. there were some in the mall and we lost some in the capitol grounds. >> also lingering some flood concerns. a lot of leaves and branches from the downed trees, are blocking storm drains. >> we have an ongoing flood concern. about half people, without power, without heat. l
rerouted and are heading back home today. but now they have to go to four u.s. cities to get back home. >> all wait to london. >> reporter: instead of -- >> we were going to go washington to london. >> reporter: the sfo spokesman said more flights to some east coast cities could resume later today. if you have a red eye flight to boston or new york, you could be in luck. it will all depend on the weather conditions and the maimer airport on the east coast in new york and boston, philadelphia and washington. the airports have a lot of damage, not all of their flights may resume even after the storm passes. it's always good to call the airline ahead of time and check on your flight status before you leave. allie rasmus, ktvu channel 2 news. >> thank you. >>> the city of san francisco is making final plans for tomorrow's big giants' victory parade. tara moriarty has more. >> reporter: that's right. good morning. we've seen some of the parade floats. we're gonna show them to new just a minute. we are -- these are the barricades going up apartment 9:30. we're here along market street. this
work in the u.s. he admits he cried a little. >> it's just hard to believe. >> reporter: the program started august 15th and applies to young people who arrived in the country before their 16th birthdays. it's estimated that about 200 have been granted so far out of thousands of applications. catholic charities of santa clara county received 15 more approvals just today. >> this is going to open a lot of doors for them so that they can work and pay for their tuition. >> reporter: christian had to leave his previous job because he didn't have proper paperwork. now that will change. he just applied for a social security card today. his sister, who was born in the u.s., went with him. >> it's so overwhelming, like, for him to have all the opportunities that i have. >> reporter: and christian has someone else to think about, too. his 1-year-old son. >> my son. i just want the best for him and i'm going to try to do everything for him. >> reporter: christian plans to go back to school and thoaps one day open his own computer business. he still has another sister waiting for her applicatio
she will likely be met by a sea of angry people. yesterday in the u.s.: a stock slide on china. stocks and commodies all fell on continued concerns of a slowdown in the chinese economy. and in m&a, principal financial is said to be ready to buy a chilean pension managing company for $1.5 billion. mark sebastian of option pit mentoring joins us now. will some eyes be on europe today mark? > > i think europe's interesting. i think everybody is waiting for the spanish regional elections on october 21st to see if after that they ask for the bailout. we've seen some real strength in the euro. i'm not sure that can last if spain asks for a bailout, and i think we're running into some technical highs on the currency. expect to see the euro drop a little bit here. > > here in the united states a lot of people are concerned about alcoa's earnings, which come out after the close and kick off the earnings parade. > > earnings cycles the last couple of cycles have been "expect the worst and get mediocre," which ends up being bullish. remember, this is a market of expectations, not of results. we'r
,000? coming up the unusual campaign launched by a pizza chain. also the u.s. doping agency talks about lance armstrong. and the announcement so many are waiting for. >> and the new ktvu ipad app is ready to download. watch newscasts, traffic, weather and breaking news anytime, anywhere. >>> the u.s. anti-doping agency made public its reasoning used to suspend lance armstrong. they say 11 of his former teammates gave evidence against him. lance armstrong accused them of bias and repeating their charges. >>> a hearing looking into what happened in benghazi that led to the death of u.s. ambassador chris stevens and three others. they called the attack unprecedented and said there was enough security in place at the time. but the committee chairman took exception to that view. >> to say you had the correct number and four are dead and people are in the hospital recovery because it only took moments to breach that facility doesn't ring true to the american people. >> one point of agreement is that it was not a response to an internet video called the innocence of muslims athat sparked violence --
the u.s. dollar be compred to the best house on a bad block? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's monday, october 22nd. i'm angela miles. in today's first look: october is living up to its reputation as a wicked month. friday was the 25th anniversary of the 1987 stock market crash, and history did not repeat itself. but as you can see on the screen, stocks took a beating in across-the-board selling by investors. it's round 3 - the final night of debates for the presidential candidates. tonight, president obama and gop contender mitt romney go toe-to-toe over foriegn policy. swiss voters plan to cast ballots on whether millionaires and billionaires from other countries should continue to get tax breaks while living there. and starbucks will open 2 more coffee shops in india this week, after opening its first shop last friday. what will today bring? everybody wants to know the answer to that question. ben lichtenstein of tradersaudio.com joins us on this monday morning. what a sell-off on fri
, authorities say the man does not live in the bay area but that he is a u.s. resident. >>> the state appeals court ruled judges can ban the use of medical marijuana as a use of probation for anybody selling marijuana. they have upheld it by the supreme your court -- superior court of new jersey judge and that judge blocked an antioch man during three years of probation for selling marijuana. >>> here in california, we have been paying less for gasoline this week. 26 cents a gallon less. the state area price, $4.14 and san francisco $4.48. stockton modesto, prices have fallen below $4 per gallon. and now the storm has caused them to stop production. >>> and the damage was caused by huricane sandy and a half a million people have lost electricity and the government is shut down and danger widespread. scott mcfarland has more on where the rain is still falling, scott? >>> it is more like an arctic wind and it got colder, temperatures are in the lower 40s but there is a windchill and we are seeing some with roads being mostly empty. it is just a wall of cars and the real story of what happened t
the u.s. navy blue angels will be flying overhead. they will be practicing today. you might catch a glimpse. their shows will be on saturday and sunday of course. now here's a look at some of the other events that are going on. the giants will take on the reds in the national league playoffs saturday and sunday. hardly strictly bluegrass festival will take place at golden gate park. the 49ers will play the buffalo bills sunday. italian heritage parade is happening in north beach on sunday. and we do have two mega cruise ships docking here in center lane. that is expected to bring about 7,000 people into this city. parking will be very, very scarce. we suggest you take mass transit. >>> if you are theying about driving to any of the san francisco events, expect a lot of company and big crowds. that is why you are encourage tad take public transportation. transit agencies are gearing up for more people aren't they? >> they are. bart spokesman told me they are expecting to shatter weekend ridership records with so many events going on this weekend. what that means for you if you are
year. this map shows how the pathogen has spread throughout the bay area since 2006. the u.s. forest service says it has documented more than 375 new cases of dead, live oak in tan oak trees. that's a ten fold increase compared to 38,000 a year ago. scientists attribute the spread to two years of very high rainfall, followed by this year's dry weather. >>> a stanford professor got a call from sweden early this morning informing him that he had won the nobel prize for chemistry. the doctor shares the prize with a doctor from duke university. today, he invited cameras inside his home in palo alto to share the news. he said he missed the first call that came in about 2:20 this morning, but when they called back, he picked up. >> i thought he was dreaming to begin with. very excited, and very happy. >> reporter: he will share in the prize worth more than $1 million. he says he plans to use it for his retirement, or leave it to his children. they were honored for ground breaking discoveries on cell proteins that have helped scientists develop better medications. >>> millions of cars and s
. how police tracked the suspects down overnight. >>> the u.s. unemployment rate below 8%, for the first time in almost four years. how the presidential candidates are reacting. mornings on 2 begins right now. >>> good morning, welcome to mornings on 2, i'm dave clark. >> i'm torey campbell. it's friday, october 5th. talk about a busy weekend. more than a million people are expected to pack the streets of san francisco because there is a ton of events going on. tara moriarty begins the coverage in san francisco to let us know what the city is doing to make sure things go as smoothly as possible. >> reporter: we are at the america's cup official store. if you look here to your right, you can see one northbound lane there, will be shutdown this weekend between the ferry building and bay street to allow emergency vehicles access to the hub of all of the activities. around 6:30 this morning, a military convey, led by police came through in preparation for fleet week. today is also the quarter finals for americas cup with races scheduled this weekend. estimated to draw 40,000 people to the ba
of the most controversial the chief justices in u.s. history. earl warren. in 1964 separate but equal was the rule for america's schools. a law that allowed schools to separate students by race. that's until warren said that separate is inherently unequal. we take a look back 60 years after that decision. >> reporter: this could be any schoolyard in any city in america. 50 years ago the scene was much different. white children went to one school while black children went the to another. segregation had been the law of the land since 1896 cemented the separate but equal doctrine. after world worldd war ii ended, cracks began appearing. president harry trueman desegregated the armed services. jackie robinson became the first african american. and thurgood marshall was gaining steam. 7-year-old linda brown became the icon for the landmark supreme court ruling. she had to travel dozens of blocks to a black elementary school but her home was just seven blocks away from sumner elementary, an all white school. >> i had spanish american play mates, i had native american play mates, i had whit
is the suspect who robbed a u.s. bank on august 28 and another u.s. bank on september 5. >>> illegal immigrants signed up for a program allowing them to apply for driver's license. >> hard to work my schedule around that and having my driver's license would be great. >> counselors helped dozens with their paper work. it is part of a bill signed by governor jerry brown yesterday. to qualify they must be under 30, going to school or graduated or served in the military. those who work in the community say culture differences may make it tough for those who are eligible. >> they are cautious with it comes to -- cautious when it comes to providing information to the government and it is something we tried to assist them with. it is just -- i guess just part of the callture -- culture. >> it takes effect january 1. >>> google moved into the number two spot of most valuable companies. they surpassed microsoft today. google generated $38 billion in revenue last year. today shares hit record highs, finishing up more than 7 points at $761.78. apple is the number one company. >>> aimed at capturing the at
in for round one of the presidential debates. the candidates focused on major issues including jobs and the u.s. economy. my plan has 5 basic parts. one get us north america energy independent, that creates about 4 million jobs. number two open up more trade particularly in latin america, crackdown on china if and when they cheat, number three make sure our people have the skills they need to succeed, and the best schools in the world (we're far away from that now), number four get us to a balanced budget, number 5 champion small business. gov romney's central economic plan calls for a 5 billion dollar tax cut, on top of the extension of the bush tax cuts-- that's another trillion dollars and 2 trillion dollars in military spending that the military hasn;t asked for. that's 8 trillion dollars. how we pay for that, reduce the deficit, make the investments we need to make without dumping those costs on the middle class americans is one of the central questions of this campaign. president barack obama and former governor mitt romney adapted to the new format of debate, six segments of 15 minute
prepared remarks, he will propose a new assertive role for the u.s. in syria, more sanctions on iran, and a change in the u.s. policy in the middle east. the republican nominee will portray president obama as a weak leader. >>> in overnight news back here in the bay area oakland police are investigating a shooting that happened just after 11:00 last night on church street. police say the victims showed up to the east mont police station in a car that was riddled with bullet holes. we don't know the victims condition this morning but so far no arrests have been made. >>> an investigation is under way after a body was found inside a car in east oakland. the body was found at about 5:00 last night at richy and olive streets. police say it was wrapped in cloth and appeared to have been in that car for awhile. investigators have not yet said if the body is that of a man or woman. >>> time now 4:32. candle light vigil will be held for the herculeswoman found murdered in -- hercules woman found murdered in her home. the vigil will be held at 8:30 tonight in her neighborhood. the family is p
qaeda terrorist killed a long-time worker at the u.s. embassy in yemen. authorities say a masked gunman on a motorcycle opened fire on the yemeni chief of security. he was headed to the embassy for he -- where he worked for nearly 20 years. the drive-by shooting happened fairly far from the ambassador. but the source says the assassination has the fingerprints of -- assassination has the fingerprints of al qaeda. it's unclear if this is related to the killings in lib bau. >>> killings -- libya. >>> jerry sanduskt is looking at taking a financial hit in addition to his prison time. penn state they will revoke the $59,000 annual pension jerry sanduskt would have received. he was sentenced tuesday to at least 30 years in prison for molesting ten day boys. the -- ten boys. the retirement system says that his wife is not entitled to survivor benefits. jerry sanduskt's attorneys say they will fight the decision. >>> the two presidential running mates are set to meet tonight for the first and only vice presidential debate. sandra endo has more on why the stakes on this particular debate are s
. on our website at ktvu.com we posted more video of last nights debate. look for the world and u.s. news tan right -- tab right on our front page. >>> time is 4:35. another debate is making headlines after southern california lawmakers nearly came to blows. video of the near altercation was posted on youtube. coming up at 4:45 what was dehind this heated exchange. >>> after a historic victory in cincinnati, the giants will play for a chance to go back to the world series. >> posey, deep left field. that is way back. a grand slam for buster posey. >> everybody talking about that yesterday afternoon. buster posey's grand slam capped a six run fifth inning. some good defensive players put a stop to it. as the giants celebrated in the clubhouse, fans back in the bay area did as well. >> the giants are supposed to win. it's 2010 all over again. we are beginning to the world -- we are going to the world series. >> he called it. the giants are the first national league team to win a five-game playoff series after falling behind two games to none. the national league championship series begins o
marks the 50th anniversary as a start of the cuban missile crisis. it started in 1962 when a u.s. plane photographed soviet missiles 90 miles from american soil in cuba. president john f. kennedy work publicly and privately to avoid a nuclear confrontation with soviet leaders. in the end, both the soviet union and the united states could claim victories as the missiles left cuba and the u.s. dismantled its own missile installations in turkey. >>> flight cancellations are coming to american airlines and that could affect travelers who have purchased tickets. the airlines will cut 31 flights per day in the first half of november. it says the cuts are in an attempt to recover from widespread delays -- delays. since the company declared bankruptcy, and they say the cancellations will not impact holiday travel plans. >>> actor and television host gary collins died today. he starred in television series including the sixth sense and porn free. as well as hosting the syndicated talk show, our magazine. he also served as the mc for the ms. america pageant in the 1980s and 90s. he had one chil
that the stronger housing market has contributed to economic growth throughout most of the u.s. in what could be a case of bad timing, average investors are exiting the stock market in droves this year. the latest numbers show $10.6 billion was recently pulled out of u.s. stock mutual funds. that brings total outflows to more than 100 billion dollars. meanwhile, the s&p 500 has gained roughly 14% in the past 9 months. "it's timing. timing is very difficult, and, i would say for the most part people have their timing off. it's wrong, when they want to get out of the market, it's the time to get in; when they want to get in the market, it's time to get out. so i kind of look at that right now from the contrarian standpoint. and, i look at it and say if everybody wants to be out of the market, i want to be in the market." scott bauer of trading advantage adds, however, it's not a bad idea to take some profits now, with the stock market near 5- year highs. the ipo market is still hot. sears hometown began trading on the nasdaq friday under "shos." meanwhile, shares of cloud computing company work
classification for drugs and no accepted medical use. the u.s. court of appeals of columbia deed sowed -- decided the case. >>> according to a new report, 24 prison employees are suspected of smuggling phones to inmates were either fired or resigned in recent months. they were accused of smuggling the phones in exchange for cash. in one case he was caught with a phone that had a female picture -- a naked picture of a female. >>> and with the food bank's ceo. she said the proposed food stamp plan proposed by paul ryan would he devastate programs of the people who are most vulnerable. today she shared her story. >> people don't know what is happening because a lot of us are embarrassed to talk about what we don't have and how life beat us down and how we are clawing our way back up. >> reporter: alameda food bank helps one in 6 people, two thirds are seniors. >>> we will hear arguments in a legal challenge to reduce green how the gas, they ruled it was unconstitutional. they violate and discrime nate against out of state businesses. the goal is to reduce green out emissions withen 13 years. >>> tra
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